ECB officials see interest-rate increases might need to continue in September

Bloomberg published the article overnight, citing “according to people familiar with the debate.”

  • Some policymakers across the ECB Governing Council spectrum said an expected two more quarter-point increases may not be enough to tame consumer prices, said the people, who declined to be identified because such discussions are private. That could mean a potential third move when officials meet again on Sept. 14 after the summer break,

bloomberg walleda link if you can access it.

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  • The most blunt public hint yet from a board member came from Bank of Latvia President Martins Kazak, who said in an interview this week that investors should not assume that ECB tightening will stop in July.

ECB policy meetings in the second half of 2023

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